Vietnam Money Market – April 2024
Posted:09/05/2024
- Interbank interest rates had surged to nearly 5% in April.
- We expect input rates to bottom out in 2Q24 and will be able to inch up by 50-70 bps in the second half of 2024.
- The interbank USD/VND exchange rate cooled down with a decline of 0.3% from its peak.
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